NOT LISTED FOR SALE

Farmington Arms 70 Farmington Ave Unit 4L New London, CT 06320

South New London Neighborhood

Estimated Value: $74,000 - $94,000

1 Bed
1 Bath
680 Sq Ft
$299/mo HOA Fee

Last Sold December 22, 2021

Last sale price $50,000 $74 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $860/month

7 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • Laundry Facilities

About This Home

As of December 2021

Why rent when you can own? Great opportunity to own an open concept 1 bedroom unit in close proximity to all amenities. Tenant in place until 11/30/2021

Last Agent to Sell the Property

Mary Nasi-Graham

IMT Realty License #REB.0790230 Listed on: 09/07/2021

Last Buyer's Agent

Greg Broadbent

RE/MAX Coast and Country License #REB.0789803

RE/MAX Coast and Country

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,015

Year Built

  • Built in 1964

HOA Fees

  • $299 Monthly HOA Fees

Home Design

  • 680 Sq Ft Home
  • Frame Construction
  • Masonry Siding

Kitchen

  • Oven or Range
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Propane Water Heater
  • Cable TV Available

Community Details

Overview

  • 99 Units
  • Farmington Arms Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,015

Year Built

Built in 1964

Lot Details

0

HOA Fees

$299 per month

Listing Details

  • Property Type: Condo/Co-Op For Sale
  • Style: Apartment
  • Sq Ft Est Heated Above Grade: 680
  • Public Record Living Room Sq Ft: 680
  • Total Sq Ft: 680
  • Year Built: 1964
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 680
  • Directions: GPS
  • Special Features: None

Interior Features

  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Interior Amenities: Cable - Available, Elevator
  • Appliances: Gas Range, Oven/Range, Refrigerator, Dishwasher
  • Laundry Room Info: Common Laundry Area
  • Attic: No
  • Street Number Modifier: 70

Exterior Features

  • Exterior Siding: Brick
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking, Off Street Parking, Parking Lot

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Propane
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Complex Name: Farmington Arms
  • Levels In Unit: 1
  • HOA Fees: 299
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Special Association Assessment Y: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Lot Description: Corner Lot
  • Zoning: SFR

Rental Info

  • Pets Allowed Info: Pets are not Allowed
  • Pets Allowed: No

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 1015
  • Total Assessed Value: 26740
  • Mil Rate Base: 37.950
  • Mil Rate Total: 37.950
  • Assessor Parcel Number: 1997190

Multi Family

  • Total Num Of Units: 99

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Dec 7, 2021
Sold by
Tai T
Bought by
Merlese-Liburd Angela
Seller's Agent
Mary Nasi-Graham
IMT Realty
Buyer's Agent
Greg Broadbent
RE/MAX Coast and Country
List Price
$50,000
Sold Price
$50,000
Total Days on Market
7
Current Estimated Value
$80,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,590
Avg. Annual Appreciation
16.78%

Purchase Details

Closed on
Feb 6, 2017
Sold by
Tai Lui
Bought by
Tai T

Purchase Details

Closed on
Jul 31, 2009
Sold by
Rohssler Mark
Bought by
Tai Lui
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Merlese-Liburd Angela $50,000 None Available
Tai T -- --
Tai Lui $30,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $50,000 0.0% $74 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $50,000 0.0% $74 / Sq Ft
12/15/2020 12/15/20 Rented $875 0.0% --
10/23/2020 10/23/20 Under Contract -- -- --
09/08/2020 09/08/20 For Rent $875 -- --
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,312 $47,700 $0 $47,700
2023 $996 $26,740 $0 $26,740
2022 $998 $26,740 $0 $26,740
2021 $1,015 $26,740 $0 $26,740
2020 $1,021 $26,740 $0 $26,740
2019 $1,067 $26,740 $0 $26,740
2018 $1,289 $29,470 $0 $29,470
2017 $1,304 $29,470 $0 $29,470
2016 $1,192 $29,470 $0 $29,470
2015 $1,164 $29,470 $0 $29,470
2014 $1,010 $29,470 $0 $29,470
Source: Public Records

Agents Affiliated with this Home

  • Mary Nasi-Graham

    Seller's Agent in 2021

    Mary Nasi-Graham

    IMT Realty

    (860) 908-6918

    6 in this area

    142 Total Sales

    Mary Nasi-Graham
    Section Image
  • Greg Broadbent

    Buyer's Agent in 2021

    Greg Broadbent

    RE/MAX

    (860) 460-6939

    5 in this area

    480 Total Sales

    Greg Broadbent
    Section Image
  • Toni Grady

    Seller's Agent in 2020

    Toni Grady

    IMT Realty

    (860) 235-4568

    13 Total Sales

    Toni Grady
    Section Image
See All Agents

About Farmington Arms

Map

Source: SmartMLS

MLS Number: 170433379

SmartMLS

APN: NLON-000012-000050-000016-000006

Connecticut New London County New London 06320 South New London

70 Farmington Ave Unit 4L, New London, CT

This home is located at 70 Farmington Ave Unit 4L, New London, CT 06320 since 07 September 2021 and is currently estimated at $80,590, approximately $118 per square foot. This property was built in 1964. 70 Farmington Ave Unit 4L is a home located in New London County with nearby schools including Harbor Elementary School, Bennie Dover Jackson Middle School, and New London High School.

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